TEJON RANCH SELLING RADAR TEST FACILITY TO NORTHROP.Byline: Daily News Tejon Ranch Tejon Ranch Company is the largest private landowner in California. It was incorporated in 1936 to organise the ownership of a large tract of land originally comprised of four Mexican land grants, and began ranching in the 1840's. Co. announced an agreement Friday to sell to Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corp. the 1,415-acre radar test facility that Northrop has leased from Tejon since 1980. The $4.25 million sale is scheduled to close late this year, upon completion of the land parceling being approved and processed by Kern Kern, river, 155 mi (249 km) long, rising in the S Sierra Nevada Mts., E Calif., and flowing south, then southwest to a reservoir in the extreme southern part of the San Joaquin valley. The river has Isabella Dam as its chief facility. County, ranch ranch, large farm devoted chiefly to raising and breeding cattle, horses, sheep, and goats. The cattle ranch was introduced from Latin America to Texas and the plains of the W United States and Canada. officials said. ``Northrop's facility is near the eastern edge of our ranch property, where there are no imminent development plans,'' said Tejon President and Chief Executive Officer Robert A. Stine. ``Northrop's lease recently expired, which both parties viewed as a unique opportunity.'' Tejon was able to turn land that was not part of its strategic plan into cash, and Northrop gained control of its test facility, Stine said. Part of the 270,000-acre Tejon Ranch, the facility is at the eastern edge of the Tehachapi Mountains Te·hach·a·pi Mountains A range of southern California extending from east to west between the Sierra Nevada and the Coast Ranges north of Los Angeles. , about 20 miles west of Rosamond. Normally, about 20 to 25 people work there, measuring the radar signatures of aircraft in flight, officials said. ``It is used to support flight test activity, including radar cross-section and antenna radome testing,'' Northrop spokesman Ed Smith said. ``I can't go into specifics of what is tested there.'' |
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